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Business English Exercises
 

Producing the Goods

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 335
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producing the goods answer 1
The Cost of Sales includes costs that can be attributed to producing the goods or providing the services of the entity; these costs may be fixed or variable costs, and disclosure of information about them in conjunction with revenue from the sale of goods provides information about the entity's gross margin.

Correct answer: (d) Sales

Meaning of business term Sales
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producing the goods, question 1 producing the goods, business english practice worksheets, what does sales mean?

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producing the goods answer 2
Our quality and diverse deal flow comes from our community of members — venture capitalists, sponsors, incubators and universities, who invest in investment opportunities that focus on any segment with high growth opportunity; at our meetings, the presenting entrepreneurs have exposure to 100 potential investors.

Correct answer: (b) deal

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producing the goods, question 2 business english writing worksheets, what does deal mean? what is the definition for deal?

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producing the goods answer 3
The search for government revenue in fiscally tight times tempts legislators to raise revenue by imposing unusually high excise taxes on cigarettes, liquor, gambling, etc; this type of charge, often called a sin tax, appeals to voters who view it as a way of discouraging consumption of certain objectionable products.

Correct answer: (c) sin

Meaning of business term sin
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producing the goods answer 4
The owner's drawing account is considered as more like an expense account, since when you take money out, you charge that account; it is a contra account, working against your owner's equity account — you charge it when you take equity out of your business.

Correct answer: (b) drawing

Meaning of business term drawing
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producing the goods answer 5
The Estate Tax is a tax on your right to transfer property at your death; it consists of an accounting of everything you own or have certain interests in at the date of death — the fair market value of these items is used, not necessarily what you paid for them or what their values were when you acquired them.

Correct answer: (d) Estate

Meaning of business term Estate
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producing the goods, question 5 business english worksheets pdf, what does estate mean? what is the definition for estate?

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producing the goods answer 6
When coupled with a stock's current price, a readily available piece of information, the 52-week high, explains a large portion of the profits from momentum investing; nearness to this figure dominates and improves upon the forecasting power of past returns (both individual and industry returns) for future returns.

Correct answer: (d) 52-week

Meaning of business term 52-week
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producing the goods answer 7
This statement of financial condition was prepared in accordance with accounting principles generally accepted in the US, which require management to make estimates and assumptions that affect the amounts reported in the statement for the period presented; actual results could differ from management's estimates.

Correct answer: (b) condition

Meaning of business term condition
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producing the goods answer 8
To compensate for lost income from delinquent taxpayers, county governments offer tax sales at public auctions.

Correct answer: (d) sales

Meaning of business term sales
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producing the goods, question 8 business classroom worksheets, what does sales mean? what is the definition for sales?

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producing the goods answer 9
The high-low index is calculated by dividing the weekly number of stock highs and lows by the number of total issues traded; a 10-week moving average is applied to smooth out the swings.

Correct answer: (a) index

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producing the goods answer 10
Whether you're searching for buy-to-let or an auctioned repossession, you could find your investment property here; we list houses, flats and apartments all over the UK that can offer potential from full redevelopment through to buy-to-let.

Correct answer: (b) investment

Meaning of business term investment
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